Thu, 28 Mar 2024 Today's Paper

National inflation hits 3.6% in April

By

22 May 2019 10:31 am - 0     - {{hitsCtrl.values.hits}}

A A A

Prices countrywide measured by National Consumer Price Index (NCPI) rose 3.6 percent in the 12 months to April, accelerating from 2.9 percent in March, due to price increases of both food and non-food categories, the Central Bank said.


The April food inflation from 12 months ago was negative 1.2 percent while non-food inflation rose for the fourth consecutive month to 7.5 percent.The change in the NCPI measured on an annual average basis increased to 1.9 percent in April 2019 from 1.7 percent in March 2019. 


When the monthly change is considered, the NCPI increased by 0.7 percent in April 2019 with increases observed in the prices of the items in both food and non-food categories. 

Within the food category, prices of vegetables, milk powder, potatoes, fresh fish, limes and big onions recorded notable increases. 


Consequently, within the non-food category, prices of the items in alcoholic beverages and tobacco, transport, miscellaneous goods & services, health and clothing and footwear sub-categories increased during the month. 


The core inflation, which reflects the underlying inflation in the economy, increased to 6.3 percent in April from 12 months ago, compared to 5.8 percent in March.


Annual average NCPI core inflation also increased to 3.7 percent in April from 3.3 percent in March 2019. 

 


Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 0

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H